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Fenwal Controls of Japan (TSE:6870) Cyclically Adjusted Book per Share : 円2,033.31 (As of Mar. 2024)


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What is Fenwal Controls of Japan Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Fenwal Controls of Japan's adjusted book value per share for the three months ended in Mar. 2024 was 円2,313.842. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円2,033.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fenwal Controls of Japan's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fenwal Controls of Japan was 8.50% per year. The lowest was 7.50% per year. And the median was 8.00% per year.

As of today (2024-05-26), Fenwal Controls of Japan's current stock price is 円1680.00. Fenwal Controls of Japan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,033.31. Fenwal Controls of Japan's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fenwal Controls of Japan was 1.19. The lowest was 0.63. And the median was 0.92.


Fenwal Controls of Japan Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fenwal Controls of Japan's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fenwal Controls of Japan Cyclically Adjusted Book per Share Chart

Fenwal Controls of Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,479.37 1,566.63 1,691.55 1,862.59 2,003.24

Fenwal Controls of Japan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,892.62 1,930.33 1,970.25 2,003.24 2,033.31

Competitive Comparison of Fenwal Controls of Japan's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, Fenwal Controls of Japan's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fenwal Controls of Japan's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fenwal Controls of Japan's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fenwal Controls of Japan's Cyclically Adjusted PB Ratio falls into.



Fenwal Controls of Japan Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Fenwal Controls of Japan's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2313.842/107.2000*107.2000
=2,313.842

Current CPI (Mar. 2024) = 107.2000.

Fenwal Controls of Japan Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,301.669 98.000 1,423.866
201409 1,356.310 98.500 1,476.106
201412 1,445.378 97.900 1,582.682
201503 1,471.084 97.900 1,610.829
201506 1,547.988 98.400 1,686.426
201509 1,525.854 98.500 1,660.625
201512 1,615.831 98.100 1,765.720
201603 1,580.143 97.900 1,730.249
201606 1,587.867 98.100 1,735.161
201609 1,622.966 98.000 1,775.326
201612 1,749.950 98.400 1,906.450
201703 1,745.239 98.100 1,907.132
201706 1,807.254 98.500 1,966.879
201709 1,864.784 98.800 2,023.328
201712 1,938.986 99.400 2,091.140
201803 1,903.974 99.200 2,057.520
201806 1,955.442 99.200 2,113.139
201809 1,965.845 99.900 2,109.495
201812 2,005.993 99.700 2,156.895
201903 2,004.796 99.700 2,155.608
201906 1,994.521 99.800 2,142.411
201909 1,970.839 100.100 2,110.629
201912 2,039.261 100.500 2,175.212
202003 1,993.510 100.300 2,130.651
202006 2,035.245 99.900 2,183.967
202009 2,040.478 99.900 2,189.582
202012 2,058.284 99.300 2,222.035
202103 2,062.423 99.900 2,213.131
202106 2,080.114 99.500 2,241.088
202109 2,126.610 100.100 2,277.448
202112 2,130.095 100.100 2,281.181
202203 2,103.890 101.100 2,230.831
202206 2,115.269 101.800 2,227.474
202209 2,102.866 103.100 2,186.491
202212 2,196.724 104.100 2,262.140
202303 2,216.874 104.400 2,276.330
202306 2,213.087 105.200 2,255.161
202309 2,187.672 106.200 2,208.272
202312 2,261.300 106.800 2,269.769
202403 2,313.842 107.200 2,313.842

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fenwal Controls of Japan  (TSE:6870) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Fenwal Controls of Japan's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1680.00/2033.31
=0.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fenwal Controls of Japan was 1.19. The lowest was 0.63. And the median was 0.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fenwal Controls of Japan Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fenwal Controls of Japan's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fenwal Controls of Japan (TSE:6870) Business Description

Traded in Other Exchanges
N/A
Address
5-10, Iidabashi-1-chome, Kurobe Building, Chiyoda-Ku, Tokyo, JPN, 102-0072
Fenwal Controls of Japan Ltd is a Japan based company engaged in the manufacturing and selling firefighting products, disaster prevention equipment, medical products and temperature controlling products. The product portfolio of the company includes fire alarms and sprinklers, explosion suppression systems, and heat and smoke detection systems.

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